The Madoff ponzi scheme fraud was massive and arguably one of the most shocking in US history. Numerous reforms were enacted as a result of the fraud. However, as we know fraud continues today. Exclusive of the reforms mentioned in the Madoff case, what other specific, realistic financial reporting and auditing-related reforms that could be implemented in the US that you would recommend be made to help prevent and/or detect frauds similar to that perpetrated by Madoff? [Provide at least three reforms that were not mentioned in class or in your reading materials].